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PBOC working paper: Need to gradually adjust bank reserve requirement ratio

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The latest work paper published by the Chinese central bank, PBOC, explains that the bank must raise RRR ratio gradually.

    Key points:

    Need to gradually adjust bank reserve requirement ratio based on balance of payments, economic adjustment

    Will further explore interest rate corridor

    Will further develop financial derivatives to help commercial banks hedge risks
    For more information, read our latest forex news.
     

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